How Money Works

If We Tax Rich People... They Will Just Leave! Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. --- Learn more about your ad choices. Visit megaphone.fm/adchoices

You Are Not An Investor... But It's Important You THINK You Are... To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription.------Sign up for our FREE newsletter! - https://www.compoundeddaily.com/Books we recommend - https://howmoneyworkslibrary.com/-----My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia StudioMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty Images📩 Business Inquiries ➡️ sponsors@worksmedia.groupSign up for our newsletter https://compoundeddaily.com 👈All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.------The collective value of all American publicly traded stocks is now over fifty-eight TRILLION dollars. That’s more than a three times increase from just a decade ago, and American public stocks are now the second largest asset class in the world behind only Chinese real estate which has… not been performing as well… These amazing returns coupled with new technology which makes getting into the market easier than ever before has mean that more Americans than EVER are stockowners benefiting from this strong market! Investing is THE best tool for average people to build up wealth to fund some of their most important life goals like retirement, send their kids to college, or leaving some money behind for their children…With more people than ever benefiting from the stock market it means what is good for investors is good for everybody!!!...The only problem is… basically everything I have just said is complete bull…You are NOT an investor… but it’s really important that you think you are… Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices

The Dark Secret Behind Those Omaze Giveaways - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈------If you have watched YouTube… at all… in the last year or so you have no doubt know what Omaze is…For the few of you who don’t, they are an organisation that promotes lotteries for all manner of different items and experiences, ranging anywhere from a chance to win a Lamborghini all the way to an exclusive Star Wars set tour before it hit theatres. This all sounds very cool especially when it is revealed that all of the proceeds from these lotteries go on to support charities. To date the company has raised over 130 MILLION DOLLARS for charities that do everything from providing scholarships to orphaned children, to installing solar power in remote African communities. Surely it would be pretty hard to hate on an organisation like this right?Well… You see despite this chirpy exterior of flashy cars and warm fuzzies, Omaze is hiding a pretty dark secret. So it’s time to learn how your money works in these raffled because also reveals a lot about how an alarming amount of charitable organizations conduct themselves in the modern day. So before we go any further the first thing you need to know about is that it is a For Profit Institution, which means that its primary goal is not to feed the homeless or save the spotted owl, it’s to make money…It makes this money by representing organizations that are themselves non profits, but they are not one themselves. Now there is nothing fundamentally wrong with this, if feeding America held a charity gala in a Hilton Hotel nobody would have any issues with Hilton hotels later going on to turn a profit that’s fine. Where Omaze starts to push it’s luck though is that it really doesn’t make any effort to stress this relationship. Just think, when your favorite YouTuber was talking about a car giveaway, they probably spoke a lot about Omaze, and the great work it was doing, but just think, do you remember any of the charities that these charities were actually meant to fund?If you do, you certainly have a better memory than me.This is no accident. The company spends millions of dollars on marketing every year and trust me if they wanted you to hear about the actual non-profits, you would have heard about the actual non-profits. The company would instead like for you to conflate with saving the children, more so than running lotteries to make fat stacks, and trust me they do make fat stacks. #Omaze #NonProfit #HowMoneyWorksOmaze lottery fund raising raffle giveaway some lamborghinis and ferraris to winners of this entry free prize money and then money towards good causes and local charities. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices

Why Finance "Gurus" Want You To Hate Them - How Money Works Find out how many times your information has been leaked on the dark web by trying Aura for 14 days completely free: http://Aura.com/HowMoneyWorksSign up for my newsletter https://compoundeddaily.com 👈Thanks to Aura for sponsoring this videoFinancial charlatans promising people the secrets to getting rich quick have been around for as long as capitalism itself. These people will present themselves as wildly successful before offering up the secrets to their success for a steep price. The modern incarnation of scummy business model got it’s start with cheesy so called “financial Gurus” who would pay for ad spots on late night TV infomercials. Today the practice has become more popular with social media platforms like Facebook, Instagram and TikTok giving these men direct access to millions of potential victims. But if these men are trying to convince people of their supposed financial brilliance, why don’t they present a more professional image? Financial charlatans promising people the secrets to getting rich quick have been around for as long as capitalism itself. These people will present themselves as wildly successful before offering up the secrets to their success for a steep price. The modern incarnation of scummy business model got it’s start with cheesy so called “financial Gurus” who would pay for ad spots on late night TV infomercials. Today the practice has become more popular with social media platforms like Facebook, Instagram and TikTok giving these men direct access to millions of potential victims. But if these men are trying to convince people of their supposed financial brilliance, why don’t they present a more professional image? #howmoneyworks ___________________________________________________________________________Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic SoundStock footage by Storyblocks Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices

Job Security is Dead... And Nobody Cares Thanks to MANSCAPED for sponsoring today's video! Get 20% OFF + Free International Shipping with promo code "HMW20" at https://manscaped.com/howmoneyworks ! #fathersday -----Sign up for our FREE newsletter! - https://www.compoundeddaily.com/Books we recommend - https://howmoneyworkslibrary.com/-----My Other Channel: @HowHistoryWorks Edited By: Svibe Multimedia StudioMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupSign up for our newsletter https://compoundeddaily.com 👈All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.#career #business -----Jobs are not what they used to be… the average time an employee spends with their company is now at the lowest level ever, and that’s by design. We have gone from full time to part time, to casual, to gig work, lowering the expectation of a long-term professional relationship every step of the way. If this didn’t do enough, studies have shown that many workplaces are now intentionally promoting the fear of job losses in an attempt to “motivate workers” and keep cost down, but this is usually a really dumb idea. The death of job security is bad for workers AND bad for companies…But nobody cares anymore…Up until the 1980’s it wasn’t unusual for workers to spend their entire professional careers working with just ONE company. Company loyalty was highly valued by both employers and employees, and the threat of getting laid off or fired was incredibly low. If you ever watch old films and see someone getting fired as a major plot point, just remember it actually was a big deal back then.But according to data from the Bureau of Labor Statistics, those days are long gone…The average tenure of young employees these days is less than a third of the baby boomers exiting the workforce. I don’t want to sound too old here, but back in my day people actually cared about losing their job, but today getting fired or laid off from your company just makes good content to post on Tik Tok.This is a bad trend for companies, because it takes away their biggest stick.The fear of getting fired is always going to be a motivator in the workplace, there really is no way around that, if you don’t do your job or cause too much trouble for the company you are going to lose your job along with the pay and benefits that come with it. But as the great Peter Gibbons would say “that will only make someone work just hard enough to not get fired”.The death of job security means that people just EXPECT to lose their job at some point in their career these days, but there are three big reasons why it was allowed to get this bad, and three reasons why… nobody really cares anymore… So it’s time to learn How Money Works to find out why job security is dying, why nobody cares, and what happens when nobody has a job for long enough to be good at it… Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices

Banking is Broken (And We May Not Be Able to Fix It) - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈-----Banking has become too complicated and too concentrated for it's own good and this could have serious impacts on us all. #Banking #Finance #HowMoneyWorks___________________________________________________________________________Support the channel on Patreon here - https://www.patreon.com/HowMoneyWorks ___________________________________________________________________________Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic Sound___________________________________________________________________________Banking is an incredibly important industry which is based off a very simple concept. People with more money than they know what to do with can keep it in a safe secure institution which can then lend that money out to people who have big idea’s but not enough money to make them happen. They give a small incentive to the depositors, and charge a higher premium from the borrowers, making a profit for the service that they provide as a “financial intermediary” This system has become more complex over time with things like fractional reserve banking, and alternative capital sources, but if we strip all of that away we will still find that the heart of banking is this simple mechanism. For all of the hate that banks get, they can do a lot of good in an economy. To people who want a safe place to keep their money they offer an almost 100% guarantee that the money left with them will still be there, a day, a month, a century from when it was deposited. They also make that money readily accessible, online, over the phone, from a collection of ATM’s, or simply through a plastic debit card. To people that want to borrow money they are also the “go to” institution for a fair loan based on lending parameters developed over time. We may hate things like credit scores and employment checks, but it’s part of the reason why so many people are paying below 3% on their mortgages right now. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices

How Much Money I Made on YouTube After Gaining 100,000 Subscribers In A Month - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈-----Link to my brand new Patreon 👉 https://www.patreon.com/HowMoneyWorks ❤️___________________________________________________________________________Thanks to a few of my video’s taking off this channel gained 100,000 subscribers and over 5.5 million views within a month.I hope it goes without saying that I am incredibly grateful to everybody who has watched my videos, subscribed, left an encouraging comment or even pointed out area’s where I can improve. But with that sappy bullshit out of the way, all regular viewers of the channel will know by now that I hate dragging out an answer to a simple question just to get you to stick around so, $29,000… I made $29,000 in the month that my channel “blew up” as the kids say. Now there are some really interesting things that I have discovered in this period of rapid growth, and some concerning trends which will likely mean that this gravy train is coming to an end very soon, not only for my channel, but for almost every channel on the platform. #YouTubeMoney #HowMoneyWorks___________________________________________________________________________Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic Sound Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices

Exploring the roots of poor management, workers frequently cite toxic leadership as a top reason for job changes. Enter the Dilbert Principle, where incompetent employees are promoted to sidestep disruption. Meanwhile, the Peter Principle illustrates how workers rise until they fail in roles they're unsuited for. Founder's Syndrome shows that even successful founders can stifle a company's culture. But hope lies in good management practices, emphasizing self-awareness and motivation over micromanagement. Tune in for insights on improving workplace dynamics!

Have We Forgotten How To Be "Professional"? Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. -------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Insider Trading is Unfair (But Should it be Legal?) - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈Someone with a consistent flow of insider information on a single publicly traded company could make triple figure annual returns which could make even a small investment of a few thousand dollars turn into millions. Support the channel on Patreon here - https://www.patreon.com/HowMoneyWorks #InsiderTrading #HowMoneyWorksLink To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic SoundStock footage by Story Blocks Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices